I realize it now: if you can't beat them, just join them 😂
[The whale who recently shorted $ETH above $1800 several times] closed his short position and switched to long in the last thirty minutes: bought $4000 of ETH to close his short position from the previous day, then used his entire position in USDC amounting to $13.3 million to buy 7289 ETH at a cost price of $1825.8.
He sold 4000 ETH at $1,808.6 the day before yesterday and bought it back at $1,821.7 today, resulting in a loss of $50,000.
Now he has closed his short position and switched to a long position. He has everything at $1,825.8 on ETH. He fears a waterfall might hit again due to going long. 😂